What are the responsibilities and job description for the Loan Officer position at Allegiance Home Lending?
Job Overview
We are seeking a dedicated and detail-oriented Loan Officer to join our financial services team. The ideal candidate will be responsible for evaluating, authorizing, and recommending approval of loan applications. This role requires strong analytical skills, a solid understanding of financial software, and the ability to negotiate effectively with clients. As a Loan Officer, you will play a crucial role in helping clients secure financing that meets their needs while adhering to the regulations set forth by TILA and other governing bodies.
Duties
- Evaluate loan applications and financial information to determine creditworthiness.
- Conduct credit analysis and assess risks associated with lending.
- Utilize accounting software and financial software to process applications efficiently.
- Negotiate loan terms with clients, ensuring clarity and compliance with banking regulations.
- Collaborate with underwriters to facilitate the approval process for loans.
- Maintain accurate records of all transactions and client interactions.
- Provide exceptional customer service throughout the loan application process.
- Stay updated on industry trends, regulations, and best practices related to financial services.
Qualifications
- Proven experience in sales or financial services is preferred.
- Familiarity with underwriting processes and credit analysis techniques.
- Proficiency in accounting software and financial software applications.
- Strong 10 key typing skills for efficient data entry.
- Excellent negotiation skills with a focus on customer satisfaction.
- Knowledge of TILA regulations is a plus.
- Strong attention to detail and organizational skills.
- Ability to work independently as well as part of a team in a fast-paced environment.
If you are passionate about helping individuals achieve their financial goals through effective lending solutions, we encourage you to apply for this exciting opportunity as a Loan Officer.
Job Type: Full-time
Pay: $72,600.00 - $250,000.00 per year
Benefits:
- Dental insurance
- Employee discount
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
- Vision insurance
- Work from home
Schedule:
- Choose your own hours
Education:
- High school or equivalent (Required)
Location:
- Houma, LA 70360 (Preferred)
Ability to Commute:
- Houma, LA 70360 (Preferred)
Work Location: Hybrid remote in Houma, LA 70360
Salary : $72,600 - $250,000